XN000022-1995-09-08 — Page 24

-

- 22.

Hong Kong Monetary Authority money market operations

***

Cumulative

Time

Smillion

(hours)

change ($million)

Opening balance in the account

1,703

0930

-495

Closing balance in the account

1,078

1000

-495

Change attributable to:

1100

-495

Money market activity

-500

1200

-500

LAF today

-125

1500

-500

1600

-500

LAF rate 4.25% bid/6.25% offer TWI 122.6 *+0.3* 8.9.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.93

2 years

2708

6.06

100.05

6.12

1 month 5.91

3 years

3807

6.16

99.65

6.39

3 months

5.86

5 years

5006

6.60

98.90

6.99

6 months

5.87

5 years

M501 7.90

102.12

7.49

12 months

5.91

Total turnover of EF bills and notes - $11,707 million

Closed September 8, 1995

End/Friday, September 8, 1995